Strategic Legal Technology Blog

A New Weapon in the Talent Arms Race

The large law firm talent arms race just got hotter; NYC first year salaries escalated to $160k. Money, however, is barely a weapon when you think about it. All firms pay the same, so cash is not a differentiator. There’s an easy and cheap way...

Ron Friedmann, 19 years ago 2 min read

Interesting Technology

Customized Searching

In my prior post, I described the challenge of searching across the AmLaw 100 web sites. Spotted today at slaw is a post about custom Google searches. My experiment below, which searches top US law firms, roughly defined by the AmLaw 100 survey. This is...

Ron Friedmann, 19 years ago 1 min read

Law Departments / Client Service

Directory of Large Firm Blogs (Not as Many as You Might Think)

Blogs are now old hat. How many large law firms write blogs? It turns out that not many. Joy London (of excited utterances) and I have compiled a directory of large US firm blogs. It includes only firm-branded blogs. It also includes large firms that...

Ron Friedmann, 19 years ago 1 min read

Roundup

Roundup (3/1/07)

In this Roundup: why a law firm strategy may be an oxymoron, outsourcing is harder than it looks, law librarians are probably safe from outsourcing, an excellent article on law firm business intelligence, and a cogent analysis of why UK and Australian large firms are...

Ron Friedmann, 19 years ago 2 min read

Innovation and Change Management, Litigation Finance

Collateralized Legal Obligations

Can Wall Street work its magic to reduce legal risk and cost while earning healthy returns? Three related themes dominate recent financial news: Bundling Assets: investors reduce risk by buying aggregated individual instruments. Uncorrelated Risk: investors want asset classes that do not move together. Higher...

Ron Friedmann, 19 years ago 1 min read

Management and Technology

Non-Practicing Lawyers as Managers

Non-practicing lawyers as managers is a fairly recent trend in large law firms. Last week, Clark Cordner, Director of Client & Practice Services at WilmerHale, and I explored the role of non-practicing lawyers and “start-up” teams at the IQPC Law Firm Management Series conference, Law...

Ron Friedmann, 19 years ago 2 min read

Innovation and Change Management

One Barrier to Innovation

Getting customers to drive innovation is a common theme these days. Therein may lay one barrier to legal market innovation. Customer-Controlled Innovation by Patrica Seybold in Optimize Magazine (Feb 07) is a good overview of how innovative companies collaborate with customers to transform their product...

Ron Friedmann, 19 years ago 1 min read

Law Departments / Client Service

Wither Online Legal Auctions?

Making lawyers more efficient means clients need to be tougher. I was therefore surprised to see one typically tough customer scale back on a recent innovation. The headline in LegalWeek.com (2/15/07) says it all: GE to ditch e-tendering to ‘deepen relationships’ in Euro panel review....

Ron Friedmann, 19 years ago 1 min read

Innovation and Change Management

Perspective on Adopting New Technology

Change is hard. To wit, many lawyers have trouble adapting new technology. A very humorous video provides an enlightening perspective on change management. Ernie the Attorney pointed to this hilarious video at YouTube. A must see for anyone who’s ever had to explain technology to...

Ron Friedmann, 19 years ago 1 min read

Interesting Technology, Visual Intelligence

Making Information Actionable

Last week I saw an interesting illustration of one way to make sense of ever-growing data volumes. Until the Web matured, just finding data was hugely time-consuming. Today, finding is easy; instead, we drown in Web and enterprise data. The challenge now is to distill...

Ron Friedmann, 19 years ago 2 min read

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